Jim Cramer on American Eagle: “My Instinct is to Ring the Register”

American Eagle Outfitters, Inc. (NYSE:AEO) is one of the stocks Jim Cramer recently talked about. A caller asked if they buy, sell, or hold AEO, and Cramer stated:

“My instinct is to ring the register. Why? Because we had the event, the event occurred, and now we’re getting away from the event. And there are a lot of people who say, wait a second, the company isn’t doing well away from that. I’d like to see [you] get a bit of a win here. Take some off the table.”

American Eagle Outfitters, Inc. (NYSE:AEO) designs and sells apparel, accessories, and personal care products under its American Eagle, Aerie, OFFLINE, Todd Snyder, and Unsubscribed brands. During the September 4 episode of Squawk on the Street, Cramer mentioned the company and said:

“When you have a very controversial ad, in terms of what was really meant by jeans versus genes, it didn’t matter and people were going to the stores. The, American Eagle has disappointed for so long, that I was thinking that you ought to call American cavalry… [On whether the stock has exited the meme category] I think that you get people into the stores, maybe they like the stores, for a while but it’s episodic. We don’t want episodic. We want, we want something that has staying power. I mean not that they’re ever going to be TJX or anything.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.